Societe d'Exploitation de Telecoms
Sector: Government • Location: Congo, Rep.
Source: World Bank Group
In one of the fastest privatizations in Africa, Congo pushed through the privatization of Societe d'Exploitation de Telecoms (SET), also known as Sotelco, which was previously known as Office Nationale des Postes et Telecommunications (ONPT), in under one year. The government selected Atlantic Tele-Network (ATN) in October to purchase a 67% stake in SET in October 1996 and signed the deal in the f
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Participants
Sponsoring Agency | Obfuscated Data |
Company | Obfuscated Data |
Status
Original status | active |
Taiyo status | Obfuscated Data |
Taiyo last update | 00-00-0000 |
Available timestamps | 00-00-0000 |
Available timestamp type | Obfuscated Data |
Contact
Contact name | Obfuscated Data |
Phone | 0000000000 |
ObfuscatedData@email.com | |
Address | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Description
Description | In one of the fastest privatizations in Africa, Congo pushed through the privatization of Societe d'Exploitation de Telecoms (SET), also known as Sotelco, which was previously known as Office Nationale des Postes et Telecommunications (ONPT), in under one year. The government selected Atlantic Tele-Network (ATN) in October to purchase a 67% stake in SET in October 1996 and signed the deal in the first quarter of 1997. Atlantic Tele-Network paid US$42.5 million for its stake. Atlantic Tele-Network agreed to invest US$120 million during its first three years of operations in Congo. SET was privatized with a monopoly license for seven years. None None |
Original sub-sector | Obfuscated |
Original Currency | USD |
Original budget | 000000000000000 |
Procurement method | Obfuscated Data |
Budget | 000000000000000 |
Location
Region | Obfuscated |
Country | Obfuscated |
State | Obfuscated Data |
County | Obfuscated |
Location | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Source
Source reliability | High |
Data quality score | 100% |
Source | Obfuscated Data |
URL | obfuscated_data,obfuscateddata.com |
More Details
Project Type | Obfuscated Data |
Article Published Date | Obfuscated Data |
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